Business Structure
Quiz
•
Business
•
9th - 11th Grade
•
Practice Problem
•
Medium
Hanaa Lanot
Used 18+ times
FREE Resource
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6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A partnership is a business run by ...
one person
two or more people
a government
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
People often start partnerships because...
they don't have all the skills they need
they want to be their own boss
they want to work long hours
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An advantage of a partnership is...
there is not enough capital (money) to invest in the business
there is more capital (money) to invest in the business
the profit has to be shared
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Another reason people start partnerships is because...
they don't like being the boss
they want to share the profit
they need more ideas for the business
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A sole trader means a business is run by...
the government
one individual person
two or more people
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
One disadvantage of a sole trader is..
the individual person has to work long hours
they are their own boss
they do not share the profit
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